Question: Can you please show me how they got this answer step by step. I will be using a finance calculator 17. Your account pays interest

Can you please show me how they got this answer step by step. I will be using a finance calculator

17. Your account pays interest at a rate of 10 percent p.a. You deposit $1,000 in it today. You must have exactly $400 in the account at the end of the second year. How much should you withdraw at the end of the first year to ensure this? b. $700.00 c. $660.00 d. $363.64 e. $636.36

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